Price for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Russia - 2022

Contents:

1. Price for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Russia (FOB) - 2022
2. Price for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Russia (CIF) - 2022
3. Exports of Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Russia
4. Imports of Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Russia

Price for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Russia (FOB) - 2022

The average export price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground stood at $2,857 per ton in 2022, with an increase of 71% against the previous year. In general, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The export price peaked at $3,662 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Georgia ($17,513 per ton), while the average price for exports to Latvia ($1,867 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+41.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Russia (CIF) - 2022

The average import price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground stood at $4,792 per ton in 2022, growing by 2.2% against the previous year. Overall, the import price, however, saw a mild descent. The growth pace was the most rapid in 2016 an increase of 105%. Over the period under review, average import prices attained the maximum at $7,458 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Egypt ($5,790 per ton), while the price for Latvia ($1,358 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+24.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Russia

Exports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground from Russia declined notably to 3.6 tons in 2022, dropping by -78.9% on the year before. In general, exports faced a precipitous descent. The pace of growth was the most pronounced in 2021 with an increase of 95% against the previous year.

In value terms, exports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground shrank notably to $10K in 2022. Over the period under review, exports faced a dramatic setback. The pace of growth was the most pronounced in 2021 when exports increased by 44% against the previous year.

Top Export Markets for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground from Russia in 2022:

1. Kazakhstan (3110.0 kg)
2. Latvia (105.0 kg)
3. Georgia (78.0 kg)
4. Germany (62.0 kg)

Imports of Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Russia

In 2022, approx. 28 tons of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground were imported into Russia; jumping by 20% on 2021 figures. The total import volume increased at an average annual rate of +6.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 23%. As a result, imports reached the peak of 29 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground soared to $133K in 2022. The total import value increased at an average annual rate of +10.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground to Russia in 2022:

1. Turkey (11.5 tons)
2. Egypt (3.7 tons)
3. Poland (2.5 tons)
4. Vietnam (1.9 tons)
5. Latvia (1.5 tons)
6. Germany (0.2 tons)

Source: IndexBox Market Intelligence Platform